PLA Acquires TaylorMade Pallets & Logistics

PLA Acquires TaylorMade Pallets & Logistics

Addition of TaylorMade's San Antonio facility expands PLA's asset-based footprint and strengthens service capabilities.

DALLAS - August 30, 2022 - (Newswire.com)

Pallet Logistics of America ("PLA" or the "Company"), a portfolio company of Silver Oak Services Partners, LLC ("Silver Oak") and an asset-based pallet management services provider, has acquired TaylorMade Pallets & Logistics ("TaylorMade"), the largest independently-owned pallet company in Central/South Texas. Founded in 2000 by Jeff and Jenny Gill, TaylorMade is a family-owned and operated provider of new, recycled, remanufactured, and custom-sized pallets. With a 17-acre facility in San Antonio, Texas, TaylorMade serves a highly-diversified customer base, including various Fortune 500 companies.

The acquisition of TaylorMade brings PLA's asset network to 77 facilities and expands the Company's capacity and service capabilities within the South Texas market. "We are honored to join the PLA Family of Companies," said Byron Evans, CEO of TaylorMade. "Our entire team is looking forward to offering South Texas an even broader array of pallet and logistics services through PLA's expansive network and capacity."

"I'm proud to welcome TaylorMade to the PLA Family of Companies," said Kyle Otting, CEO of PLA. "TaylorMade's highly-efficient operations, dedication to quality, and commitment to their customers have earned them their position as one of the leading pallet operators in South Texas." 

Wade Glisson, Partner at Silver Oak, added, "We are excited to partner with the Gill family, Byron Evans, and the entire team at TaylorMade, and look forward to supporting their continued growth. TaylorMade represents the sixth strategic partnership within the PLA platform, further expanding our footprint and enhancing our service capabilities." 

About PLA

Founded in 1989 and headquartered in Dallas, Texas, PLA is a national supply chain solutions provider offering Pallet Management Services, 3PL Services, Reverse Logistics Services, and Freight Brokerage & Transportation Management Services, handling more than 115 million pallets per year for over 500 customers. Operating under the Pallet Logistics of America, Pallet Repair Services ("PRS"), Pal-Serv, Propak, TaylorMade, Valley Pallet, and Yancey Pallet brands, PLA operates over 75 facilities across the U.S., providing a comprehensive suite of supply chain management solutions. Learn more at www.plasolutions.com.

About TaylorMade Pallets & Logistics 

Founded in 2000 by Jeff and Jenny Gill, TaylorMade is a family-owned and operated provider of recycled, new, and custom-sized pallets. Based in San Antonio, Texas, the company is the largest independently owned pallet company in Central/South Texas, with a 17-acre facility and over 100 trailers. Learn more at www.taylormadepallets.com.

About Silver Oak Services Partners

Founded in 2005 and based in Evanston, IL, Silver Oak Services Partners, LLC ("Silver Oak") is a lower-middle market private equity firm focused on partnering with exceptional management teams to build industry-leading business, consumer, and healthcare service companies. Silver Oak utilizes a proactive, research-led investment process to identify attractive services sectors and seek out the best potential management teams and investment opportunities. Silver Oak seeks to make control investments in leading service businesses with $15 to $150 million in revenue. The firm is currently investing out of its fourth fund, a $500 million investment vehicle. Learn more at www.silveroaksp.com. 

Media Contact

Hillary McCutcheon, Freshwater Marketing
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Original Source: PLA Acquires TaylorMade Pallets & Logistics
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Dale Ventures’ AUD$2.5 Million Investment Helps Fast-Track Rail Online

Dale Ventures’ AUD$2.5 Million Investment Helps Fast-Track Rail Online

Australian railroad travel service adds North American Amtrak ticketing

Dale Ventures’ AUD.5 Million Investment Helps Fast-Track Rail Online
Rail Online's leadership team

Rail Online's leadership team (L to R): CFO Lachlan McCallum, CTO Kew Muthalif, GM Kirsty Blows, and CEO James Dunne

SYDNEY - August 27, 2022 - (Newswire.com)

A recent AUD$2.5 million investment from Dale Ventures has enabled Rail Online to fast-track its expansion plans. The railroad travel service now allows travelers to search, book, and ticket Amtrak journeys, with multiple currency options via a 24/7 connection to live Amtrak inventory.

In addition to the North American expansion, the investment from Dale Ventures has also helped accelerate Rail Online's expansion plans in Australia, New Zealand, and Europe.

James Dunne, Rail Online's CEO, says the addition of Amtrak is timely because Rail Online saw strong inquiry levels for North American rail journeys, bolstered by the pent-up demand related to the pandemic.

"By offering live booking capability," says Dunne, "Rail Online has made it more cost-effective, efficient, and convenient for travelers to book Amtrak journeys."

"In addition, travelers booking through Rail Online have the freedom and flexibility to self-manage all itinerary changes and refunds," Dunne says.

Amtrak's network connects more than 500 destinations in 46 United States and three Canadian provinces. The company's fleet of more than 300 trains includes 20 Acela high-speed trainsets, which reach speeds of up to 240 km/h, making it the fastest passenger service in the Western Hemisphere.

Dunne says the addition of Amtrak's North American services brings Rail Online one step closer to fulfilling its aim of being "the one-stop shop for all rail bookings for customers across the globe."

"With this new Amtrak connection, Rail Online continues to lead the way in making rail travel easier," says Dale W. Wood, CEO of Dale Ventures. "I congratulate James and his team for their incredible work and rapid growth."

For bookings, visit www.rail.online.

About Dale Ventures

Dale Ventures is a personal investment holding group founded by serial investor Dale W. Wood. The company partners with management teams to provide the significant strategic and analytic resources needed to build and grow remarkable companies. Dale Ventures has adopted a consultative approach that harnesses the power of innovative teams to generate groundbreaking ideas, tactics, and strategies that drive growth and build long-term value.

For more information about Dale Wood and his projects, please visit www.Dale.com and Facebook.com/DaleVentures.

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Dale Ventures FZE
[email protected]
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Original Source: Dale Ventures' AUD$2.5 Million Investment Helps Fast-Track Rail Online
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Nexus IT Ranks in the Top 50 on CRN’s Fast Growth 150 List

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Nexus IT is the Only Utah-Based IT Services Provider Ranked in the Top 50 Nationwide for Gross Annual Sales

Nexus IT Ranks in the Top 50 on CRN’s Fast Growth 150 List
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Nexus IT is the Only Utah-Based IT Services Provider Ranked in the Top 50 Nationwide for Gross Annual Sales

SALT LAKE CITY - August 25, 2022 - (Newswire.com)

Nexus IT, a leading nationwide provider of IT, Cyber and consulting services, announced today that it has earned a prestigious spot on the 2022 Fast Growth 150 list, published annually by CRN®, a brand of The Channel Company®. Nexus IT is proud to be amongst the top 50 on the list. 

The CRN Fast Growth 150 list recognizes the fastest-growing North American IT solution providers and technology integrators for significant sales growth — driven by forward-thinking business strategy, strong technology know-how, and services prowess — demonstrated over the previous two years.

To maintain consistent growth within the highly competitive and rapidly evolving IT industry, solution providers need to constantly evolve to keep ahead of consistent changes within the market. CRN's Fast Growth 150 list acknowledges companies that have crossed this lofty threshold and demonstrated an ongoing dedication toward success and innovation.

"To be honored for the first time on the Fast Growth 150 List as the only Utah-based company ranked in the top 50 is a magnificent accomplishment for Nexus IT," said Earl Foote, Founder and CEO of The Company. "With the demand for high-quality IT services increasing for companies of all sizes, we are committed to providing an exceptional client experience while maintaining our integrous culture as we expand our reach and capabilities." 

Nexus IT recently merged with esteemed Salt Lake City-based IT services provider Intelitechs, adding significant value to both teams' client services, capabilities and product offerings. The combined entity has also expanded its leadership suite. More exciting announcements are set to be announced later this year as a part of The Company's five-year growth strategy. 

"The companies that earned spots on this year's list represent the very best in business acumen and strategy, inspiring fellow industry members and proving that with perseverance, meaningful growth is attainable in even the most chaotic business climates. On behalf of CRN and The Channel Company, I wish a heartfelt congratulations and continued success to all companies featured on the 2022 Fast Growth 150 list," said Blaine Raddon, CEO of The Channel Company.

A sampling of the 2022 Fast Growth 150 list will be featured in the August issue of CRN Magazine. You can view the complete list online at www.crn.com/fastgrowth150.

About Nexus IT

Nexus IT is an IT Support and Cybersecurity Services (MSP/MSSP) company based in Salt Lake City, Utah. The company provides IT and Cybersecurity services across the nation with a worry-free, hyper-responsive approach, so leaders can focus on growing their business. In its 24th year, Nexus IT continues to elevate its team, clients and community to new heights with its award-winning support, vibrant workplace, lively culture and community-minded initiatives. For more information, visit https://www.nexusitc.net/.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. https://www.thechannelco.com/

CONTACT:   
Angela Bonnici
Director of PR, Nexus IT
508-523-4345
[email protected]




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Original Source: Nexus IT Ranks in the Top 50 on CRN's Fast Growth 150 List
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